Reborn Russia As An Oligarch

Chapter 982 New National Debt Plan

This trip to Asia, America and Afghanistan was generally smooth.

Although Wang Ye used some tricks, including big sticks and sweet dates, and also spent a lot of money, he finally solved the dispute in the Nagorno-Karabakh region.

It also allowed the two countries to agree to withdraw their armed forces and solve the problem according to the plan proposed by Wang Ye.

That is to say, "The people will return to Asia and America, and the land will return to America"!

The relocation and resettlement fees were paid by Damao, the "big boss", but in exchange, both countries must join the CPPO and the Mikhail Plan!

That is to say, I regard Da Mao as my big brother...

Through a collective protection organization and an economic cooperation and mutual aid organization, Wang Ye re-established Mao's status in Eastern Europe and gained recognition and following from a group of neighboring countries.

This is also the fulfillment of his promise to voters to "make Russia great again" when he was campaigning!

From this aspect, Wang Ye is still much better than other candidates. At least the promises he made to everyone have basically been fulfilled, or are slowly being fulfilled.

…………

After returning to Moscow, the new CHEP meeting was held soon.

The heads of existing member states, including Mauritius, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Kyrgyzstan and Belarus, were all present.

In addition, Yanukovych of Ukraine and Ilham of Azerbaijan also came to Moscow.

Of the two of them, Uzbekistan has already planned to join the CHEP, and Azerbaijan naturally wants to return to the CHEP.

As for the other two countries that had previously withdrawn from the CHEP, namely Georgia and Uzbekistan, they have not come.

The situation in Georgia is relatively complicated, and there are many conflicts with Mao, and there is even the possibility of conflict. I will not mention it for the time being. Wang Ye will "teach" it later when he has time.

As for Uzbekistan, this country cannot say that it has a bad relationship with Mauritius, because in fact the relationship between the two countries is not bad and there has been no conflict.

The reason why Uzbekistan withdrew from the CHEP in the first place was that Uzbekistan believed that their main task was to develop the economy and did not want to join various military organizations to avoid being involved in any wars in the future.

In other words, they want to be a "permanent neutral country" or something like that, which is understandable.

Although Uzbekistan's economy is not that good, its development speed has not improved after withdrawing from the CHEP, and it still has to rely on occasional support from Mao to survive.

I don’t know what they think about it, but it doesn’t matter, because regardless of location or resources, this is an inconspicuous small country.

Even European and American countries are too lazy to win over it.

If it doesn't want to take the initiative to get closer, then let it fend for itself. Wang Ye doesn't want to spend too much money to win over such a small country.

Of course, it is acceptable if it actively moves closer to Da Mao.

…………

When the meeting was held, the adoptive father was naturally the focus. He cordially met with the leaders of various countries attending the meeting at the Kremlin Palace.

The headlines in major news media these two days are also related.

However, careful people will find that beside his adoptive father, there is a face that everyone is familiar with, that is Mikhail, First Deputy Speaker of the Duma and Director of the Foreign Affairs Committee!

According to common sense, the CHEP has little to do with his job responsibilities.

Why does he appear so frequently in the camera?

The mystery was soon revealed, and this CHEP meeting was successfully held. At the meeting, the member states unanimously agreed to allow Uzbekistan and Azerbaijan to join the CHEP.

In addition, the heads of state of Azerbaijan and Armenia also held peace talks under the auspices of the adoptive father. The two sides reached an agreement on the dispute in the Nagorno-Karabakh region and signed a reconciliation plan.

Naturally, it was the solution proposed by Wang Ye. Yamei wanted people and Aguo got the land.

In addition, at the meeting, everyone also recommended candidates for the new Secretary-General of the CHEP.

Those who know something should know that the so-called chairmanship of such organizations is basically a false name, and the person who really holds the real power is often the secretary-general.

The newly elected secretary-general also surprised many people, because he was originally a candidate who had nothing to do with the CHEP or the military.

That is the First Deputy Speaker of the Russian Duma, Mikhail!

He will serve as the permanent secretary-general of the EPPO, responsible for military coordination among member states, command and deployment of peacekeeping forces, etc., for a five-year term!

Of course, this does not mean that Wang Ye has begun to intervene in the military field of Damao.

Because what he can command within his scope of authority is only Mao Zedong's nominal "peacekeeping force", which is not large in number and is under joint jurisdiction with relevant military departments.

But anyway, this position also shows that Wang Ye's influence has begun to penetrate into the military field...

…………

After the CHEP meeting, the heads of member states did not leave Moscow immediately, because immediately afterwards, Wang Ye presided over a meeting.

"Mikhail Plan" officially launched!

Obviously, the leaders are more interested in this meeting and more motivated to participate!

At the meeting, all participating countries became member states and qualified to join the Economic Cooperation Organization.

Wang Ye also fulfilled what he said a few days ago and announced that in the first year, that is, 2005-2006, Da Mao will independently invest US$30 billion and distribute it to all member states to help them develop their economies!

As for how to distribute the amount and how much money each country can get, in principle, it is up to all member states to discuss and decide together.

However, as the permanent secretary-general of the Economic Cooperation Organization, Wang Ye has the final say!

After all, the person who provided the money is Da Mao, and it is natural that Da Mao has the final say. No other country objects to this.

After some intense “discussions”, Wang Ye made the decision to distribute the US$30 billion aid quota in the first year as follows:

Ukraine takes 6 billion US dollars!

This is also the biggest piece of "cake". After all, among all member countries, apart from Da Mao, Er Mao is the largest and strongest. And the economy is indeed very difficult now, so it is natural to take the largest piece of cake.

Azerbaijan and Belarus both have US$4 billion.

Afghanistan has a special situation. Under normal circumstances, it should not receive so much, but this year's aid funds include the resettlement fees it has to pay to the people in the Naka region, which is estimated to be approximately US$2 billion.

As for Belarus, although the country is not big, it is still Mao's "die-hard brother", and the current leader has a very good relationship with the Kremlin. His adoptive father even greeted him personally and said that he would give more to them. Wang Ye Take proper care of it!

The combined total of these three countries is US$1.4 billion, which is almost half.

There are US$16 billion left, and the remaining four countries each receive US$2.5 billion, for a total of US$10 billion, with US$6 billion left.

Wang Ye directly announced that this money would be invested in the Crimea region, and all of it would be used to build infrastructure and improve public facilities, including water, power grids, roads, and the like.

It is not that no one has raised objections, saying that Crimea belongs to Ukraine, and there is no need to allocate so much money to it alone. This has already caught up with the share taken by Ukraine.

Wang Ye explained righteously that from now on, Crimea will not only be Crimea in Ukraine, but Crimea in all Eastern European countries!

This peninsula will become the "locomotive" of economic development for all countries present!

It will also be open to all member countries, with visa-free, tax-free and free trade.

As long as Crimea can develop, all member states will also benefit greatly.

Nowadays, the overall economic level of these countries in the CIS is not high, and even Mao Zedong is not outstanding economically.

In order to attract more European and American capital to invest, it is necessary to pool funds to build a city that is eye-catching enough. Crimea is the best choice!

Wang Ye's doing this is a bit of "pretending to serve the public good for personal gain".

In name, Crimea still belongs to the Ermao, but in fact the Ermao basically doesn't care about it. Crimea's "three powers" have long been independent and have achieved complete autonomy.

Moreover, Crimea has now become a free trade zone. Coupled with Wang Ye's continuous capital investment over the years, it has indeed begun to make rapid economic progress. This is seen by all member states.

This may be one of the reasons why they did not object again.

…………

After the two meetings, Wang Ye gained two more titles and positions.

"Permanent Secretary-General of the CHEP" and "Permanent Secretary-General of the Organization for Economic Cooperation and Mutual Assistance of the CIS Countries".

It sounds low-key, but it has real power!

To a certain extent, these two major cooperative organizations are under Wang Yezai's personal control, which also provides very good conditions for his sphere of influence to spread from outside the country to neighboring countries.

But this will happen in the future, and Wang Ye has no clue yet.

It can only be said that things happened by chance, these things were not in his original plan...

After finishing these things, almost a month passed, and it was September.

However, Wang Ye still had a lot of things on hand, but compared to the busy schedule a few days ago, he was still a little free.

He had always said that he would take time to visit Agelina in Krimi, but he really couldn't make time.

Fortunately, with the implementation of Mikhail's plan, three billion US dollars will be allocated to Crimea. He plans to ask Agelina to come to Moscow so that the two of them can get together.

But before that, Wang Ye needs to solve a big problem.

That's where these 30 billion U.S. dollars will come from...

Yes, the Economic Cooperation Group has been established, the aid plan has been put out, and even how much money each member country will be allocated has been finalized, but the money is not yet clear!

Fortunately, according to what Wang Ye said at the meeting, this money will be gradually allocated to each member country around October.

Because this money is not given for free, nor is it given to everyone to use as they wish, but it is used to promote the economic development of various countries.

Therefore, each member country must submit a detailed fund use plan.

Including but not limited to, where to spend money, relevant budget, expected effects, etc.

If the plan is too outrageous, it will be sent back for revision, and you may not even get funding!

Therefore, everyone was given a month to discuss how to use the funds.

Of course, Wang Ye also left himself plenty of time to prepare funds...

…………

The Kremlin Palace, the National Economic Council, and Wang Ye held a meeting, and all members were present.

At the beginning of the meeting, Wang Ye asked his assistant Nova to send a document to each member present.

He smiled and said: "This is a plan I just drafted on the issuance of national debt. In order to meet the needs of national development, I think it is necessary to issue more national debt to speed up economic development! Now we are too conservative in this regard, It can no longer keep up with the development of the times.

In this regard, we can refer to the United States. They have borrowed so much national debt and continue to issue new national debt, but the economy has been rising steadily. Why can't we learn from it? "

In 2005, Russia's domestic and foreign debt totaled just over US$100 billion.

At the same time, the total national debt of the United States has exceeded 10 trillion!

The annual interest payments on the national debt alone amount to more than $400 billion...

Why did Wang Ye dare to promise 30 billion U.S. dollars in annual aid to his "little brothers" so boldly, and why did he dare to launch a big infrastructure project?

It's because he realized a truth.

The next ten years will be a golden window for economic development in most countries around the world!

Because a populous country with a profound foundation has joined the WTO, it has brought a new development opportunity to the world!

Therefore, as long as the country is not too "bad", the next ten years will be the best time to develop the economy.

What if you want to develop faster and be one step ahead than other countries?

Just be bolder and take bigger steps!

Borrow money to develop!

When the global economy just starts, if you borrow enough money quickly and lay the basic conditions first, then the economy will naturally start faster than other countries.

Then you can get more cakes in the next golden period!

Therefore, Wang Ye came up with the "New National Debt Plan" he drafted!

The amount at the beginning of the article shocked all the committee members present, 200 billion U.S. dollars!

Yes, Wang Ye plans to issue 200 billion U.S. dollars of treasury bonds at one time, and it is not a one-time issue. In the future, he will issue new treasury bonds of no less than this amount every year!

This continued until he deemed it unnecessary to continue issuing it…

Perhaps, this time will be three years or five years later...

…………

In fact, there are two problems that need to be solved when issuing national bonds.

One is your country’s creditworthiness. That is to say, if your country’s credit is not good enough, investors will not recognize your country’s ability to develop in the future. Naturally, no one will buy your national debt, and it will be useless to issue it because it cannot be sold. !

The second is the ability to repay.

The national debt is no joke, and it does not mean that you can default on it if you want to because of the strength of your country.

As powerful as the United States, they would rather let their government go bankrupt and shut down, instead of paying huge amounts of interest on the national debt every year...

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